Results at a glance

Growing strength

Income

Operating revenues
2011: $10.4 billion
2010: $9.8 billion
+6.2%
EBITDA1
2011: $3.8 billion
2010: $3.7 billion
+3.5%
Earnings per share
2011: $3.76
2010: $3.27
+15%
Dividends declared per share
2011: $2.205
2010: $2.00
+10%

Liquidity and capital resources

Cash from operations
2011: $2.6 billion
2010: $2.7 billion
-4.5%
Capital expenditures
2011: $1.8 billion
2010: $1.7 billion
+7.3%
Free cash flow
2011: $997 million
2010: $939 million
+6.2%
Net debt to EBITDA ratio
2011: 1.8 times
2010: 1.8 times
no
change

Customer connections

Wireless subscribers
2011: 7.34 million
2010: 6.97 million
+5.3%
Network access lines
2011: 3.59 million
2010: 3.74 million
-3.9%
Internet subscribers
2011: 1.29 million
2010: 1.23 million
+4.6%
TV subscribers
2011: 509,000
2010: 314,000
+62%